[MWC18] Crypto-currencies, currency without borders ! :

[MWC18] Crypto-currencies, currency without borders !

With more than 1300 cryptocurrency in the world is about 180 million users, the subject becomes interesting. Not very visible on the show but between products, announcements and conferences the subject is present this year! The Crypto is used for a wide range of reasons, such as a new financing platform, for currency speculation, international remittances, as a new payment currency ... The mobile wallet could change model! Mobility also, as a service, is conceived as the future via an autonomous and shared transport. All this is fueled by AI and emerging transactional and secure technologies like blockchain.

For example Rakuten CEO Hiroshi Mikitani at the Mobile World Congress in Barcelona has announced the Rakuten Coin the "currency without borders"! Back in 2016, Amazon's Japanese rival, Rakuten, acquired Bitnet, a Bitcoin portfolio startup in which he had already invested, to help him work on blockchain technology and applications. Today, one of the first fruits of this agreement has appeared. The company plans a new cryptocurrency called Rakuten Coin, based on blockchain technology and its Rakuten Super Points loyalty program, which it plans to use to encourage global loyalty services and help customers buy goods in different markets and Rakuten services.

it is interesting to see a major e-commerce company with billions of users worldwide and revenues of $ 8.8 billion in 2017 to start using cryptocurrency on its platform.
AppCoins, as a project developed by Aptoide, aims to revolutionize the app economy with a motto for App Stores. The economics of applications has three main inefficiencies that are (1) lack of transparency or trust, (2) inefficient advertising, (3) expensive and inaccessible in-app purchases. AppCoins may be the answer! This is an open and distributed protocol for application stores based on the Ethereum blockchain, using the ERC20 standard. It proposes to move the following three critical flows to the blockchain: advertising, in-app billing and app approvals to enable blockchain-based cryptocurrency transactions in a decentralized, neutral and open system

Mercedes-Benz acquired PayCash Europa in 2017 which is supposed to launch Mercedes-Pay, a payment service. PayCash has technologies around mobile payment solutions, the E-Money solution, and cryptocurrency-related services. The manufacturer has chosen the MWC to announce mobiCoin a virtual currency which is currently tested by 500 voluntary beta testers. The purpose of the project is to reward motorists for environmentally friendly driving behavior. A score is calculated on the basis of these data of acceleration, braking, etc. and the responsible driver is awarded mobiCOIN, which can be exchanged between members or against certain rewards proposed by Daimler and its partners.

In 2017, the Finnish mobile phone company and blockchain developer Zipper launched a joint community program to develop a blockchain smartphone solution for secure use of cryptocurrencies and blockchain applications. At the show, the new Jolla Sailfish 3 platform introduces remote lock and reset, fingerprint reader support and facilitators for bockchain-based services. New APIs are provided for the Camera, Location, WebEngine, Crypto and other services. The devices include the Sony Xperia XA2, the Gemini PDA, and the Inoi T8 (8 ") and Inoi T10 (10") tablets. Russian brand Inoi.

The MWC is a lot of major business announcements but also smaller: Sikur Brazilian cybersecurity company launches an anti-piracy smartphone with an integrated Crypto wallet. The company says the smartphone has resisted attacks after being subjected to "rigorous hacking tests for two months." Three years ago, Sikur launched its GranitePhone. The device had similar security, but the SIKURPhone has a new interface and can store Bitcoin and other crypto-currencies on the company's secure cloud. The device is priced at $ 799. It has average specifications: a 5.5-inch Full HD screen, 13-megapixel front-facing cameras and 5 megapixels, 4 GB of RAM, 65 GB of storage space and a 2800 mAh battery. The smartphone will use a modified version of Android 7.0.

Confidence and security were the two most commonly spoken words in discussion at the Mobile World Congress. However, none of the experts present were optimistic about the exclusively software approach, such as blockchains, which originally appeared as a decentralized transaction book for cryptocurrency Bitcoin.

You do not base all your security in the software, it will inevitably need a resistant hardware  - There will be strong to do between the health, the autonomous cars, the trackers, the smartphones, the drones ... In a second of data, the traffic on the public internet includes 24,000 GB of data, 62,000 Google searches and 2.6 million emails - each item is a potential target for cyberattack!

At Mobile World Congress 2018, Avast conducted an experiment to educate users about the vulnerabilities of their mobile and connected devices, by undermining the Monero cryptocurrency using Smart TV. Indeed, in 2017, cybercriminals have made extensive use of smartphones and IoT to undermine crypto-currencies insidiously and without the knowledge of consumers.

Avast research shows that an army of more than 15,800 aircraft was needed to mine the Monero cryptocurrency up to $ 1,000 during the four days of the MWC. Smartphones and connected devices, such as smart TVs, webcams or smart thermostats, typically have very low computing power, thus not offering optimal conditions for mining. The hackers seek to infiltrate them massively to maximize their profits. Moreover, the mining of these objects is completely imperceptible at the level of the user because, unlike a PC, it is impossible to notice if they heat or lose performance.

Until recently, cybercriminals focused on computers to undermine cryptocurrency. But today we see a sharp rise in attacks against connected devices. According to the latest data collected by Shodan.io, a search engine for connected objects, no less than 58,031 smart devices would be vulnerable in the city of Barcelona alone. If everyone was integrated into a botnet to mine Monero at the Mobile World Congress, hackers could raise an amount equivalent to $ 3,600, or 3,000 euros. Indeed, the costs of mining crypto-currencies are so high that the profits generated remain very low, which encourages hackers to target millions of terminals.

IoT's complex ecosystem in homes and public spaces provides cybercriminals with new opportunities to compromise consumer safety and privacy. In 2017, the first botnet of connected devices to mine crypto-currencies came into being, based on the infamous Mirai botnet. Since then, the risk of hackers taking control of smart objects to undermine cryptocurrencies has greatly increased. For the user, this can result in rising electricity bills, as well as a decrease in the performance and life of the terminal.

However, malware designed to undermine cryptocurrencies is just one of the many risks faced by connected home devices. Other major threats include privacy violations, which have been growing strongly since the advent of vulnerable devices, such as surveillance cameras, which record the daily lives of their owners, and personal assistants, who are able to preserve their privacy. all of our conversations. To address this issue, Avast today unveiled Avast Smart Life, a new security-risk-based solution for IoT, that will address threats to connected devices to protect the home and privacy of their customers. users.

Ledger is a leader in security and infrastructure solutions for crypto-currencies and blockchain applications. Based in Paris and San Francisco, Ledger has a team of 82 professionals who provide a range of products and services for individuals and businesses wanting to protect their assets in cryptocurrency - this offering includes the already-marketed Ledger hardware portfolio. in 165 countries. They raised $ 75 mil- lion in 2018.

Present on the show to show a physical key to secure crypto-currencies

The brand presented on MWC to the holders of cryptocurrency a safe to put his keys secure from any hacking attempt. Unveiled at the MWC 2018, Safe-T mini will be available from June 2018, priced at € 49.99. It is the result of the work done by the ARCHOS R & D team in the field of encryption, security and virtual currencies. The product has been designed, developed in France and will be manufactured in a French factory.

The ARCHOS Safe-T mini thus ensures the storage and the secure management of crypto-actives:
- It generates a private key offline and prevents hackers from accessing it.
- It performs all encryption operations on the device, offline.
- It creates a recovery code (code consisting of 24 words), convenient in case of breakage, loss or theft for more security and confidence.
- It incorporates a screen to display information about each transaction and allow the holder to check the details before signing it. Cyber ​​criminals have no way of changing the terms.
- It requires the composition of a PIN code to ensure that only the owner can access and use his ARCHOS Safe-T mini.

The ARCHOS Safe-T mini is compatible with the following software: Electrum, GreenAddress / Greenbits, MyCrypto and Mycelium. It supports Bitcoin, Bitcoin Cash, Litecoin, Zcash and other upcoming cryptocurrencies.